The Jerusalem Post annual conference: 7 Israeli ministers will meet you there!
S.Sudan pound rises after Qatari bank import deal
ByREUTERS
September 6, 2012 19:34

JUBA - South Sudan's currency has risen against the dollar on the key black market, its first gain since January after the government reached a deal with a Qatari bank to provide dollars needed for imports, dealers and officials said on Thursday.

The South Sudanese pound (SSP) has lost sagged against the dollar since the government shut down its oil production in January in a row with Sudan over export fees.

Oil contributed 98 percent of state revenues and was practically its only source of foreign currency. One of the world's least developed countries, South Sudan needs to import almost everything from food to consumer goods.

Share this article via
from around the web
Related Content
Breaking news
February 27, 2017
Rocket lands near Gaza border, no injuries

By JPOST.COM STAFF

Top Stories
Israel Weather
  • 13 - 25
    Beer Sheva
    14 - 22
    Tel Aviv - Yafo
  • 15 - 22
    Jerusalem
    15 - 23
    Haifa
  • 16 - 31
    Elat
    13 - 25
    Tiberias